Business news

Business

Netflix strikes deals in short-form video push

Netflix is pushing deeper into the short-form video territory dominated by TikTok and YouTube, striking licensing deals with a slate of major U.S. media publishers to carry bite-sized content on its platform.

Business

When shareholder activists attack a company, its rivals may feel the heat too and change their ways

Shareholder activists are investors who leverage their ownership in a company to push for change.

Business

AI race weakens climate pledges at Google, Amazon

Google and Amazon this week reported sharp increases in greenhouse gas emissions, driven by the frantic construction of artificial intelligence infrastructure that is pushing the tech giants further from their carbon-neutrality ...

Business

New database for subsurface energy storage could be boon for natural gas industry

Researchers at the University of Texas at Austin have produced a new analysis of underground natural gas storage sites around the country. The analysis can help guide future expansion of natural gas storage capacity, optimize ...

Business

EU top court upholds record 4.1 bn euro Google fine

The EU's top court on Thursday upheld a record 4.1 billion euro ($4.7 billion) fine the bloc slapped on Google for anticompetitive practices related to its Android operating system.

Business

EU top court to rule on record 4.1 bn euro Google fine

The EU's top court will decide Thursday whether to uphold a record 4.1 billion euro ($4.7 billion) fine the bloc slapped on Google for anticompetitive practices related to its Android operating system.

Business

Meta shares surge on report of new AI cloud business

Shares of Meta Platforms jumped more than 6% on Wall Street on Wednesday after a report said the social media giant is preparing to launch a cloud computing business that would sell AI computing power to outside customers.

Business

Fear and anger brew inside Meta amid AI frenzy

A frenzied push for artificial intelligence dominance comes with a different kind of cost for Meta, where massive layoffs, employee surveillance and departures have fueled reports of a heated internal climate.

Business

Should we fear an AI bubble bust?

Recent swings in tech stocks are reviving fears of an AI bubble—and some experts warn that if it pops, the fallout could be bigger than anything Wall Street has ever seen.